Quebec Rare Earth Elements Corp
Quebec Rare Earth Elements Corp. engages in the exploration and development of rare earth elements in Canada. It holds interest in the Carcajou property project which covers an area of 75 square kilometers located in the town of St-Félicien, Saguenay area, Quebec; Lynx Property project which covers an area of 20.3 square kilometers located 15 km north of Dolbeau-Mistassini and 90 km northwest of … Read more
Quebec Rare Earth Elements Corp (QQREF) - Total Assets
Latest total assets as of October 2025: $5.83 Million USD
Based on the latest financial reports, Quebec Rare Earth Elements Corp (QQREF) holds total assets worth $5.83 Million USD as of October 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Quebec Rare Earth Elements Corp - Total Assets Trend (2020–2025)
This chart illustrates how Quebec Rare Earth Elements Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Quebec Rare Earth Elements Corp - Asset Composition Analysis
Current Asset Composition (July 2025)
Quebec Rare Earth Elements Corp's total assets of $5.83 Million consist of 11.0% current assets and 89.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 10.7% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2025)
This chart illustrates how Quebec Rare Earth Elements Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Quebec Rare Earth Elements Corp's current assets represent 11.0% of total assets in 2025, an increase from 2.7% in 2020.
- Cash Position: Cash and equivalents constituted 10.7% of total assets in 2025, up from 2.2% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Quebec Rare Earth Elements Corp Competitors by Total Assets
Key competitors of Quebec Rare Earth Elements Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Great Quest Fertilizer Ltd
PINK:GQMLF
|
USA | $127.20K |
|
GRDV
PINK:GRDV
|
USA | $273.00 |
|
Napier Ventures Inc
PINK:NPRVF
|
USA | $66.28 |
|
Placer Creek Mining
OTCGREY:PRCK
|
USA | $692.65K |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥17.51 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
Quebec Rare Earth Elements Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Quebec Rare Earth Elements Corp generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Quebec Rare Earth Elements Corp is currently not profitable relative to its asset base.
Quebec Rare Earth Elements Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 5.80 | 6.00 | 4.87 |
| Quick Ratio | 5.80 | 6.00 | 4.87 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $394.00K | $ 631.10K | $ 441.93K |
Quebec Rare Earth Elements Corp - Advanced Valuation Insights
This section examines the relationship between Quebec Rare Earth Elements Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.05 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 16.6% |
| Total Assets | $5.84 Million |
| Market Capitalization | $555.54K USD |
Valuation Analysis
Below Book Valuation: The market values Quebec Rare Earth Elements Corp's assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Quebec Rare Earth Elements Corp's assets grew by 16.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Quebec Rare Earth Elements Corp (2020–2025)
The table below shows the annual total assets of Quebec Rare Earth Elements Corp from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-07-31 | $5.84 Million | +16.61% |
| 2024-07-31 | $5.01 Million | +58.30% |
| 2023-07-31 | $3.16 Million | -64.84% |
| 2022-07-31 | $8.99 Million | -14.03% |
| 2021-07-31 | $10.46 Million | +100.55% |
| 2020-07-31 | $5.22 Million | -- |